U.S. ↔ predatory lending practices

Relations (1)

cross_type 2.00 — strongly supporting 2 facts

The U.S. is linked to predatory lending practices through evidence of systemic underinvestment in its communities [1], reports from its citizens regarding these practices [2], and historical analysis of how such lending has impacted the financial well-being of families within the country [3].

Facts (2)

Sources

The Impacts of Individual and Household Debt on Health and Well ... apha.org American Public Health Association 1 fact

claimSystematic underinvestment in communities of color in the United States has resulted in greater exposure of residents to predatory lending practices.

Study links debt with risk of psychiatric disorders, high blood ... - UAB uab.edu UAB 1 fact

quoteJoseph Wolfe stated: 'Debt has become a prevalent drag on families’ financial well-being and social mobility in the United States since the expansion of predatory lending practices in the 1990s and early 2000s.'